v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Operating activities    
Net income $ 14,047 $ 29,512
Adjustments to reconcile net income to net cash provided by operating activities net of assets/liabilities acquired:    
Depreciation and amortization 44,362 37,901
Other 887 (449)
Changes in operating assets and liabilities, net of assets acquired:    
Accounts receivable (33,951) (26,160)
Accounts payable and accrued expenses (12,958) (3,210)
Self-insurance accruals (6,188) (2,845)
Prepaid expenses 20,945 20,139
Mitigation bank credit inventory 3,290 (1,977)
Income taxes receivable 1,806 (441)
Other, net 1,296 (9,118)
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities, Total 19,489 13,840
Net cash provided by operating activities 33,536 43,352
Capital expenditures:    
Equipment (66,186) (46,887)
Land and buildings 7,878 22,030
Purchases of businesses, net of cash acquired and debt incurred (11,487) 0
Proceeds from sales of property and equipment 2,643 3,650
Purchases of marketable securities (47,414) (21,308)
Proceeds from sale of marketable securities 28,376 29,258
Net cash used in investing activities (101,946) (57,317)
Financing activities    
Revolving credit facility borrowings 504,437 405,766
Revolving credit facility payments (346,015) (343,428)
Purchase of common shares for treasury (56,894) (50,017)
Sale of common shares from treasury 25,440 31,910
Dividends (2,389) (2,064)
Proceeds from notes payable 0 18,531
Payments of notes payable (37,698) (40,743)
Payments of finance leases 6,775 3,507
Net cash provided by financing activities 80,106 16,448
Effect of exchange rate changes on cash (71) 197
Increase in cash 11,625 2,680
Cash, beginning of period 12,397 17,471
Cash, end of period 24,022 20,151
Supplemental cash flow information follows:    
Interest paid 16,379 13,729
Income taxes paid $ 690 $ 8,801